Ep. 213 - The Trump Tax Cuts Case Before The Supreme Court

Ep. 213 - The Trump Tax Cuts Case Before The Supreme Court

The 16th Amendment gives power to congress to "lay and collect taxes." After all, a country has to have an ability to raise revenue. When it comes to that revenue, we have had a tradition of paying taxes on income, not the value of an investment, like paying taxes when we sell a few shares of stock in a company and not on the growth of that stock every year we own it. Those are called realized gains. There is discussion in the federal government to change that and tax unrealized gains meaning we would have to pay taxes on the increase in value in our homes or investments even before we sell that possession. The genesis of this Supreme Court case was a provision in the tax cuts package passed and signed into law in 2017 to help pay for those cuts. We know, tax code and tax law are confusing. Fortunately, to help us navigate this confusing topic, we have a very special guest with an impressive legal career. Paul Clement is the country's former Solicitor General (the Department of Justice's chief lawyer in front of the Supreme Court), now in private practice. He has argued more than 100 cases in front of the Supreme Court, more than any other lawyer since 2000, in or out of government.

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Avsnitt(314)

Ep. 307 | Constitutional Chats Podcast | Matt Mehan | "The American Book of Fables" with Author Matt Mehan

Ep. 307 | Constitutional Chats Podcast | Matt Mehan | "The American Book of Fables" with Author Matt Mehan

As we celebrate the 250th anniversary of the Declaration of Independence, this presents a great time to not only recognize the philosophical foundation of our country but also to admire the sheer beau...

26 Juni 56min

Ep. 306 | Constitutional Chats Podcast | Chuck Schwam | Lafayette & Liberty: A Founding Alliance Revisited for America 250

Ep. 306 | Constitutional Chats Podcast | Chuck Schwam | Lafayette & Liberty: A Founding Alliance Revisited for America 250

The Marquis de Lafayette came to America as a young man to aid the colonists in the American Revolution.  He would return 47 years later at the invitation of President James Monroe and Congress to tou...

19 Juni 58min

Ep. 305 | Constitutional Chats Podcast | Doug Maclntyre | America 250: Sullivan's Island - A Crucial Stand for Freedom

Ep. 305 | Constitutional Chats Podcast | Doug Maclntyre | America 250: Sullivan's Island - A Crucial Stand for Freedom

It's a year after the Battles of Lexington and Concord and only days before the Declaration of Independence would be signed. It's June 1776 and along the shores of South Carolina, British troops are a...

11 Juni 56min

Ep. 304 | Constitutional Chats Podcast | Libby McNamee |  The Historic 40 Mile Ride of Sybil Ludington

Ep. 304 | Constitutional Chats Podcast | Libby McNamee | The Historic 40 Mile Ride of Sybil Ludington

Did you know two years after Paul Revere's famous ride, there was a second ride made by a teenaged woman?  That's right. On April 26, 1777, 16-year old Sybil Ludington rode 40 miles throughout the nig...

5 Juni 54min

Ep. 303 | Constitutional Chats Podcast | Lucas Morel | Elizabeth Freeman and the Promise of Liberty

Ep. 303 | Constitutional Chats Podcast | Lucas Morel | Elizabeth Freeman and the Promise of Liberty

The story of Elizabeth "Mumbet" is inspirational.  Born into slavery in New York in 1744, she spent most of her life in Massachusetts.  Following the ratification of the new Massachusetts Constitution...

23 Maj 55min

Ep. 302 | Constitutional Chats Podcast | Kurt Smith | How Virginia Set the Stage for the Declaration

Ep. 302 | Constitutional Chats Podcast | Kurt Smith | How Virginia Set the Stage for the Declaration

Regular followers of Constituting America know we view the Declaration of Independence as one of the greatest documents ever written.  An interesting point to ponder is that it had to come from somewh...

16 Maj 56min

Ep. 301 | Constitutional Chats Podcast | Richard Bell | The American Revolution and the Fate of the World

Ep. 301 | Constitutional Chats Podcast | Richard Bell | The American Revolution and the Fate of the World

The American Revolution obviously changed the course of American History.  That's a given.  Have you ever contemplated how that singular event changed the course of world history over the ensuing cent...

8 Maj 56min

Ep. 300 | Constitutional Chats Podcast |  Scott Harris | A Young Patriot: James Monroe Turns 18 in 1776

Ep. 300 | Constitutional Chats Podcast | Scott Harris | A Young Patriot: James Monroe Turns 18 in 1776

As a teenager, he dropped out of college and served in the in the 3rd Virginia Regiment in the Continental Army.  After studying law under Thomas Jefferson, he later served in the Virginia House of De...

1 Maj 53min

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